Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

why profit and loss account debit balance appeare in the asset side of balance sheet?

Answer Posted / prasad m deshmukh

because debit balance means profit.and it show in asset side

Is This Answer Correct ?    2 Yes 15 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

i WANT TO KNOW WHAT IS THE INTEREST RATE IF WE CAN NOT PAY THE DEPOSIT SALE TAX AMOUNT WITH IN PERIOD

1910


What is an interest rate swap

2289


under which head should be the p & l appropriation a/c should be opened in tally 9? and how to preapare and display it?

2124


hi for all i completed Mba finance in 2008.then i got a job in kpo capital iq as jra for 1 year than i left it and done a course sap fico so now looking for a job in sap how to approach? pls give me answer

2081


what is special purpose ledger in SAP.. is it required to configure in ECC 6.0 since New GL concept is active?

2254


state (5) accounting concepts and give 1 example of each

2076


Do you possess any knowledge about accounting standards?

1150


What are the advantages of double entry system?

1168


What knowledge should financial accountant have?

1187


Please give me as example of service tax & Vat Posting through Tally.

2208


What are the fictitious assets?

1158


what is capital reserve

2065


Explain a time when you have not met your goal?

1149


when we purchase of tractors and two wheeler vehicle from other state what we get taxes exemptions

2005


What are accounting rules called?

1120